12.20 % to Target, KBW Maintains ‘Buy’ Rating on Pacific Premier Bancorp Inc (NASDAQ:PPBI) Shares Today

April 16, 2018 - By Darrin Black

Investors sentiment increased to 1.66 in Q4 2017. Its up 0.17, from 1.49 in 2017Q3. It increased, as 17 investors sold Pacific Premier Bancorp, Inc. shares while 42 reduced holdings. 47 funds opened positions while 51 raised stakes. 39.55 million shares or 21.14% more from 32.65 million shares in 2017Q3 were reported.

American Interest Group owns 31,115 shares. Basswood Management owns 412,763 shares. Citigroup owns 17,346 shares for 0% of their portfolio. Sterling Cap Management Ltd Company reported 66,166 shares stake. Capstone Advisors Limited, a New York-based fund reported 11,720 shares. Fsi Grp Incorporated Ltd Co accumulated 1.73% or 51,935 shares. New York State Common Retirement Fund holds 0.02% of its portfolio in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 496,483 shares. Principal Group holds 0.01% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) or 290,287 shares. Ls Limited Liability Company holds 0.01% or 3,248 shares in its portfolio. Moreover, First Mercantile Tru Co has 0.07% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 8,513 shares. Wellington Group Inc Ltd Liability Partnership owns 1.38 million shares or 0.01% of their US portfolio. Westfield Mngmt Company Limited Partnership reported 621,867 shares. Miles Capital, Iowa-based fund reported 6,039 shares. Bw Gestao De Investimentos Ltda holds 0.05% or 8,351 shares in its portfolio. State Of Alaska Department Of Revenue owns 7,730 shares for 0.01% of their portfolio.

Since October 27, 2017, it had 1 buying transaction, and 4 insider sales for $4.76 million activity. GARRETT JOSEPH L had bought 75 shares worth $3,176 on Tuesday, February 20. 54,849 Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) shares with value of $2.36M were sold by GARDNER STEVEN R. 21,261 shares valued at $946,051 were sold by WILCOX EDWARD EARL on Wednesday, March 7.

Pacific Premier Bancorp Inc (NASDAQ:PPBI) Rating Reaffirmed

The broker has just set a target price per share of $46.0 on Pacific Premier Bancorp Inc (NASDAQ:PPBI) shares. This is 12.20 % from the close price. In a report revealed to clients on Thursday, 21 December, KBW kept their Buy rating on shares of PPBI.

Investors sentiment increased to 1.66 in Q4 2017. Its up 0.17, from 1.49 in 2017Q3. It increased, as 17 investors sold Pacific Premier Bancorp, Inc. shares while 42 reduced holdings. 47 funds opened positions while 51 raised stakes. 39.55 million shares or 21.14% more from 32.65 million shares in 2017Q3 were reported.

American Interest Group owns 31,115 shares. Basswood Management owns 412,763 shares. Citigroup owns 17,346 shares for 0% of their portfolio. Sterling Cap Management Ltd Company reported 66,166 shares stake. Capstone Advisors Limited, a New York-based fund reported 11,720 shares. Fsi Grp Incorporated Ltd Co accumulated 1.73% or 51,935 shares. New York State Common Retirement Fund holds 0.02% of its portfolio in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 496,483 shares. Principal Group holds 0.01% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) or 290,287 shares. Ls Limited Liability Company holds 0.01% or 3,248 shares in its portfolio. Moreover, First Mercantile Tru Co has 0.07% invested in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) for 8,513 shares. Wellington Group Inc Ltd Liability Partnership owns 1.38 million shares or 0.01% of their US portfolio. Westfield Mngmt Company Limited Partnership reported 621,867 shares. Miles Capital, Iowa-based fund reported 6,039 shares. Bw Gestao De Investimentos Ltda holds 0.05% or 8,351 shares in its portfolio. State Of Alaska Department Of Revenue owns 7,730 shares for 0.01% of their portfolio.

Since October 27, 2017, it had 1 buying transaction, and 4 insider sales for $4.76 million activity. GARRETT JOSEPH L had bought 75 shares worth $3,176 on Tuesday, February 20. 54,849 Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) shares with value of $2.36M were sold by GARDNER STEVEN R. 21,261 shares valued at $946,051 were sold by WILCOX EDWARD EARL on Wednesday, March 7.

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Ratings Coverage

Among 4 analysts covering Pacific Premier Bancorp Inc (NASDAQ:PPBI), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Pacific Premier Bancorp Inc has $55.0 highest and $45.0 lowest target. $50’s average target is 21.95% above currents $41 stock price. Pacific Premier Bancorp Inc had 8 analyst reports since December 12, 2017 according to SRatingsIntel. The rating was maintained by Stephens with “Hold” on Tuesday, February 6. The stock of Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has “Buy” rating given on Tuesday, January 30 by Keefe Bruyette & Woods. As per Tuesday, December 12, the company rating was maintained by Keefe Bruyette & Woods. Sandler O’Neill maintained the shares of PPBI in report on Tuesday, February 13 with “Buy” rating. The stock of Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) earned “Buy” rating by Piper Jaffray on Tuesday, February 13. The firm earned “Buy” rating on Monday, February 12 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Stephens maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) on Friday, February 16 with “Hold” rating.

The stock increased 0.12% or $0.05 during the last trading session, reaching $41. About 14,636 shares traded. Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has risen 10.32% since April 16, 2017 and is uptrending. It has underperformed by 1.23% the S&P500.

Analysts await Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) to report earnings on April, 24. They expect $0.63 EPS, up 40.00 % or $0.18 from last year’s $0.45 per share. PPBI’s profit will be $29.30 million for 16.27 P/E if the $0.63 EPS becomes a reality. After $0.57 actual EPS reported by Pacific Premier Bancorp, Inc. for the previous quarter, Wall Street now forecasts 10.53 % EPS growth.

Pacific Premier Bancorp, Inc. operates as the bank holding firm for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company has market cap of $1.91 billion. The Company’s deposit products include checking, money market, and savings accounts. It has a 26.28 P/E ratio. The company's loan portfolio comprises commercial business loans, lines of credit, small business administration loans, commercial real estate loans, agribusiness loans, home equity lines of credit, construction loans, farmland, and consumer loans, as well as multi-family residential, one-to-four family real estate, commercial and industrial, and franchise lending; warehouse repurchase facilities; and credit facilities to Home Owners' Associations and HOA management companies.

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.